Crocs, Inc. 401(k) Review & Grade
Crocs, Inc. 401(k) Plan
Broomfield, CORetail Trade5,210 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,180Employer $ per active participant
$2,172Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$105.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score54 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 39th |
| Employee saving | 54th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
Corrective distributions: the plan refunded $131 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Crocs put in about $1,180 per active participant, more than the typical peer ($650). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,147,029 |
| Participant (employee) contributions | $11,315,400 |
| Other contributions (incl. rollovers in) | $3,968,934 |
| Administrative expenses paid from the plan | $162,252 |
| Investment advisory & management fees | $27,849 |
| Benefits paid out | $9,125,213 |
| Net assets, start / end of year | $80.6M / $105.3M |
| Active participants, start / end of year | 5,089 / 5,330 |
| Participants with account balances | 1,837 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante & Moran,pllc |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $134,328 reported compensation |
| Cook Street Consulting Inc | $27,849 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014184834NAL0004745728001, received 2025-10-14, EIN 20-2164234, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.